RECORD PASSENGERS AT SYDNEY AIRPORT

Written on the 20 July 2016

RECORD PASSENGERS AT SYDNEY AIRPORT A RECORD number of passengers travelled through Sydney Airport (ASX:SYD) in the six months to June 2016.

The airport welcomed 20.3 million passengers, up 6.7 per cent on the previous corresponding period.

The 7.22 million international passengers that ventured through the airport during the period were 9.3 per cent more than the previous year's number of 6.6 million.

Sydney Airport Managing Director and CEO Kerrie Mather described it as an "exceptional result".

Month-on-month figures were also impressive. Compared to June 2015, international passenger growth increased by 7.5 per cent to 1.1 million, driven by strong inbound demand (11.7 per cent).

Chinese (+16.3%), USA (+15.8%), Korean (+34.3%), Indian (+20.9%) and Japanese (+23.6%) nationalities performed well in June 2016, compared to the same month in 2015.

Some of the growth has been attributed to the Vivid Sydney 2016 festival of light, which boasted 2.3 million visitors, an increase of 35.4% on the previous year.

There is strong potential for continued growth in passenger numbers at Sydney Airport, as Xiamen Airlines has announced plans to increase the frequency of the Xiamen-Sydney route in October, from two to four weekly services during the northern winter, which will add 20,500 seats over the season.

The airport will also welcome a new Changsha service, run by Hainan Airlines, and the return of that airline's Xi'an route.

The year round, twice-weekly Sydney-Xi'an and Sydney-Changsha services will commence on 15 and 17 September respectively and will be operated by an A330-200 aircraft with 250 seats, adding an additional 104,000 seats annually.

The Changsha and Xi'an routes are expected to bring 33,000 visitors from China annually, contributing an anticipated $124 million visitor expenditure per year.

Latest News

BELLAMY'S FINDS EXPORTING BABY FORMULA INTO CHINA IS NO CHILD'S PLAY

BELLAMY'S (ASX: BAL) shares have suffered a 40 per cent drop in value today after the company hit a regulatory...

BRISBANE WATCH BRAND ADINA AIMS FOR ICONIC

ADINA watches is at a turning point in its history, 45 years after being founded by Robert 'Bob' Menzies i...

WHY YOU SHOULD CARE FOR YOUR BODY AS MUCH AS YOUR BUSINESS

ENTREPRENEURSHIP is a busy business. It can be all-consuming, but it is important not to neglect your health Y...

BULLETS BACK IN THE BUSINESS COMMUNITY

ALTHOUGH new to the current south-east Queensland sporting landscape, the Brisbane Bullets have a rich basketball ...

Related News

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

BIG W CEO QUITS AFTER 11 MONTHS

SALLY MacDonald has resigned as chief executive of BIG W ending her tenure at the helm of the struggling discount ...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter